The Senate stopped short of debating a federal crypto market structure bill. A week later, the CFTC chair was still laying out …
regulators
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Four U.S. financial regulators have proposed new third-party risk guidelines that would let banks and credit unions tailor oversight to each outside …
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Regulation
U.S. Banking Regulators Move to Curb ‘Operation Choke Point 2.0’ with New Rules on ‘Unsafe or Unsound’ Practices
by shayaanby shayaanU.S. banking regulators are taking steps to narrow the definition of ‘unsafe or unsound practices’ in bank supervision, a move that could …
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Regulation
The GENIUS Act missed its statutory deadline and regulators are writing the rules anyway
by shayaanby shayaanCongress gave agencies one year to write stablecoin rules. They missed it by four months and counting. The OCC expects a final …
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Banks and financial regulators from Europe, the Middle East and Asia joined a cross regional pilot testing post quantum security for digital …
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The UK’s Financial Conduct Authority (FCA) has reportedly held talks with banks and other industry participants over potential rules for tokenized gold. …
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In brief AUSTRAC suspended Cryptolink’s VASP registration for three months from August 9, shutting its 96 crypto ATMs. The trigger was missed …
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Regulation
US Broker-Dealer Receives Heaviest-Ever Penalty as Regulators Fine UBS $125 Million for Anti-Money Laundering Shortfalls
by shayaanby shayaanUS financial regulators have delivered the largest civil penalty ever assessed against a broker-dealer for anti-money laundering rule breaches. The U.S. ?Department …
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Markets
Wall Street veteran Don Wilson says regulators are getting perps all wrong
by shayaanby shayaanDRW CEO Don Wilson says perpetual futures aren’t inherently risky crypto gambling tools, and it’s time traditional markets and regulators start embracing …
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Regulation
US regulators push user ID requirements for stablecoin issuers akin to regulated banks
by shayaanby shayaanSeveral US government agencies responsible for financial regulation have issued a proposed rule as part of the implementation of stablecoin-focused legislation, pushing …